4//SEC Filing
Oppenheim Joel Martin 4
Accession 0001580695-18-000466
CIK 0001368637other
Filed
Oct 14, 8:00 PM ET
Accepted
Oct 15, 4:31 PM ET
Size
13.2 KB
Accession
0001580695-18-000466
Insider Transaction Report
Form 4
Oppenheim Joel Martin
Director
Transactions
- Award
Warrants
2018-03-31$0.14/sh+250,000$35,000→ 3,411,667 totalExercise: $0.14From: 2018-03-31Exp: 2021-03-31→ Common (250,000 underlying) - Award
Warrants
2018-06-30$0.14/sh+250,000$35,000→ 3,911,667 totalExercise: $0.14From: 2018-06-30Exp: 2021-06-30→ Common (250,000 underlying) - Award
Warrants
2018-03-31$0.10/sh+250,000$25,000→ 3,161,667 totalExercise: $0.10From: 2019-01-01Exp: 2021-01-01→ Common (250,000 underlying) - Award
Warrants
2018-06-30$0.10/sh+250,000$25,000→ 3,661,667 totalExercise: $0.10From: 2019-01-01Exp: 2021-01-01→ Common (250,000 underlying)
Footnotes (3)
- [F1]Mr. Oppenheim receives a 250,000-warrant issuance quarterly as part of his compensation 2018 compensation package for his service on the Board; exercisable for a 24 months period as of January 1, 2019.
- [F2]Each Warrant unit represents a contingent right to receive one share of Petrolia's common stock.
- [F3]The Transactions reported were part of a LOC agreement, where by the reporting person was to receive 250,000 warrants quarterly, exercisable for 3 years. The exercise price of the additional warrants will be based on the average common stock market price over the previous 90 days.
Documents
Issuer
Petrolia Energy Corp
CIK 0001368637
Entity typeother
Related Parties
1- filerCIK 0001646585
Filing Metadata
- Form type
- 4
- Filed
- Oct 14, 8:00 PM ET
- Accepted
- Oct 15, 4:31 PM ET
- Size
- 13.2 KB